Accounting Principles, 8th Canadian Edition,

Cover
Title Page
Copyright
Author Team
To the Instructor
Acknowledgements
Brief Contents
Contents
9 Long-Lived Assets
	Capitalizing on Education
	Property, Plant, and Equipment
		Determining the Cost of Property, Plant, and Equipment
	Depreciation
		Factors in Calculating Depreciation
		Depreciation Methods
		Comparison of Depreciation Methods
		Partial Period Depreciation
		Depreciation and Income Tax
	Revising Periodic Depreciation
		Capital Expenditures During Useful Life
		Impairments
		Cost Model Versus Revaluation Model
		Changes in Depreciation Method, Estimated Useful Life, or Residual Value
		Revised Depreciation Calculations
	Disposal of Property, Plant, and Equipment
		Steps in Recording Disposals of Property, Plant, and Equipment
		Retirement of Property, Plant, and Equipment
		Sale of Property, Plant, and Equipment
		Exchanges of Property, Plant, and Equipment
	Natural Resources
		Cost
		Depletion
		Disposal
	Intangible Assets and Goodwill
		Accounting for Intangible Assets
		Intangible Assets with Finite Lives
		Intangible Assets with Indefinite Lives
		Goodwill
	Statement Presentation and Analysis
		Presentation
		Analysis
10 Current Liabilities and Payroll
	Butterflies Bring About Better Banknotes
	Determinable (Certain) Current Liabilities
		Accounts Payable
		Unearned Revenues
		Operating Line of Credit and Bank Overdraft
		Short-Term Notes Payable
		Sales Taxes
		Property Taxes
		Current Maturities of Long-Term Debt
	Uncertain Liabilities
		Provisions
		Contingencies
	Payroll
		Employee Payroll Costs
		Employer Payroll Costs
		Recording the Payroll
	Financial Statement Presentation
	Appendix 10A: Payroll Deductions
		Mandatory Payroll Deductions
		Using Payroll Deduction Tables
11 Financial Reporting Concepts
	Disclosing Accounting Policies Is a Good Policy
	The Conceptual Framework of Accounting
	The Objective of Financial Reporting
		Elements of Financial Statements
	Qualitative Characteristics of Useful Financial Information
		Fundamental Characteristics
		Enhancing Qualitative Characteristics
		Application of the Qualitative Characteristics
		Differences in Qualitative Characteristics Under IFRS and ASPE
	Recognition and Measurement Criteria
		General Recognition
		Revenue Recognition
		Variable Consideration
		Expense Recognition
		Measurement of Elements
		Violation of Recognition and Measurement Concepts: Errors and Intentional Misstatements
	Foundational Concepts, Assumptions, and Constraints
		Concepts and Assumptions
		Constraints
		Summary of Conceptual Framework
12 Accounting for Partnerships
	Partnering for Success
	Partnership Form of Organization
		Characteristics of Partnerships
		Advantages and Disadvantages of Partnerships
		Partnership Agreement
	Forming a Partnership
	Dividing Partnership Profit or Loss
		Profit and Loss Ratios
		Salaries, Interest, and Remainder in a Fixed Ratio
		Closing Entries
	Partnership Financial Statements
	Admission of a Partner
		Purchase of a Partner?s Interest
		Investment of Assets in a Partnership
	Withdrawal of a Partner
		Payment from Partners? Personal Assets
		Payment from Partnership Assets
		Death of a Partner
	Liquidation of a Partnership
		No Capital Deficiency
		Capital Deficiency
13 Introduction to Corporations
	The Advantages of Incorporation
	The Corporate Form of Organization
		Characteristics of a Corporation
		Operating a Corporation
	Share Capital
		Share Issue Considerations
		Common Shares
		Preferred Shares
	Corporate Income Statements
	Cash Dividends
		Necessary Conditions to Pay Cash Dividends
		Entries for Cash Dividends
		Preferred Share Cash Dividends
	Reporting Retained Earnings
	Statement of Retained Earnings (ASPE Only)
		Closing Entries for a Corporation
	Statement Presentation and Analysis
		Presentation of Shareholders? Equity
		Analysis
14 Corporations: Additional Topics and IFRS
	Flying High as a Public Company
	Stock Dividends and Stock Splits
		Stock Dividends
		Stock Splits
		Comparison of Effects
	Reacquisition of Shares
		Reacquisition below Average per Share Amount
		Reacquisition above Average per Share Amount
	Comprehensive Income
		Continuing and Discontinued Operations
		Other Comprehensive Income
	Accounting Changes
		Changes in Accounting Estimates
		Changes in Accounting Policies
		Correction of Prior Period Errors
	Reporting Changes in Shareholders? Equity
		Summary of Shareholders? Equity Transactions
		Statement of Changes in Shareholders? Equity
	Analyzing Shareholders? Equity
		Earnings Performance
		Dividends Record
15 Non-Current Liabilities
	A New Lease on Aircraft Accounting
	Bonds Payable
		Types of Bonds
		Bond Issuance
		Bond Trading
	Bond Pricing
		Discount or Premium on Bonds
	Accounting for Bond Issues
		Issuing Bonds at Face Value
		Issuing Bonds at a Discount
		Issuing Bonds at a Premium
		Issuing Bonds at a Discount Versus at a Premium
		Bond Interest Accruals
	Accounting for Bond Retirements
		Redeeming Bonds at Maturity
		Redeeming Bonds before Maturity
	Instalment Notes Payable
		Fixed Principal Payments
		Blended Payments
		Current and Non-Current Portions
	Lease Liabilities
		Accounting for Lease Arrangements
	Statement Presentation and Analysis
		Presentation
		Analysis
16 Investments
	Growing through Strategic Investments
	Classifying Investments
		Non-Strategic Investments
		Strategic Investments
	Accounting for Debt Investments Reported at Amortized Cost
		Money-Market Instruments
		Bonds
	Accounting for Fair Value Investments
		Fair Value through Profit or Loss: Equity Investments (Common Shares)
		Fair Value through Profit or Loss: Debt Investments (Bonds)
		Fair Value through Other Comprehensive Income
	Accounting for Strategic Investments
		Equity Method
		Cost Method
	Reporting of Investments
		Balance Sheet
		Income Statement and Statement of Comprehensive Income
		Summary of Investments
17 The Cash Flow Statement
	Going with the Cash Flow
	Reporting of Cash Flows
		Usefulness of the Cash Flow Statement
		Content of the Cash Flow Statement
	Preparing the Statement of Cash Flows?Indirect Method
		Indirect Method
	Preparing the Cash Flow Statement?Direct Method
		Direct Method
	Using the Information in the Financial Statements
		Free Cash Flow
18 Financial Statement Analysis
	From Fashion Trends to Earnings Trends
	Basics of Financial Statement Analysis
		Comparative Analysis
		Tools of Analysis
	Horizontal Analysis
		Balance Sheet
		Income Statement
	Vertical Analysis
		Balance Sheet
		Income Statement
	Liquidity Ratios
		Current Ratio
		Acid-Test Ratio
		Receivables Turnover
		Inventory Turnover
		Operating Cycle
		Liquidity Conclusion
		Summary of Liquidity Ratios
	Solvency Ratios
		Debt to Total Assets
		Interest Coverage
		Free Cash Flow
		Solvency Conclusion
		Summary of Solvency Ratios
	Profitability Ratios
		Gross Profit Margin
		Profit Margin
		Asset Turnover
		Return on Assets
		Return on Equity
		Earnings per Share (EPS)
		Price-Earnings (PE) Ratio
		Payout Ratio
		Profitability Conclusion
		Summary of Profitability Ratios
	Limitations of Financial Statement Analysis
		Alternative Accounting Policies
		Comprehensive Income
		Quality of Information
		Economic Factors
APPENDIX A Specimen Financial Statements: Aritzia Inc.
APPENDIX B Sales Taxes
APPENDIX PV Present Value Concepts
Company Index
Subject Index
EULA